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2551 operating factories and 500 under construction

2551 operating factories and 500 under construction
4 Jun

Saudi Industrial Property Authority allocated SR 9 billion ($ 2.4 billion) to upgrade
services, infrastructure and support services in 33 industrial properties. With 2551
operating factories and 500 under construction, the total investments amount to SR 150
billion ($ 40 billion). 300 prefabricated factories have been established for small and
medium size businesses while 2000 will be established during the next  two years  to
provide industrial incubators for young entrepreneurs.

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